The Investor
16 Apr 2026, 19:44
Deutsche Bank has announced an expansion of its ultra-high net worth (UHNW) client business by consolidating advisory teams, specialists, and Deutsche Oppenheim Family Office AG into a newly integrated unit.
The move aims to strengthen services for UHNW clients with complex, often entrepreneurial wealth structures by bringing client advisors, investment experts, and wealth structuring specialists under a single management framework. The bank also emphasized closer collaboration with its investment and corporate banking divisions to provide more comprehensive solutions.
Philipp Wehle, currently a partner at a Swiss private bank, will lead the new Strategic UHNW Clients unit starting no later than September 2026. Meanwhile, Stefanie Rühl-Hoffmann has been appointed Vice Chairwoman of Wealth Management Germany, focusing on key client relationships and strategic development.
The move aims to strengthen services for UHNW clients with complex, often entrepreneurial wealth structures by bringing client advisors, investment experts, and wealth structuring specialists under a single management framework. The bank also emphasized closer collaboration with its investment and corporate banking divisions to provide more comprehensive solutions.
Philipp Wehle, currently a partner at a Swiss private bank, will lead the new Strategic UHNW Clients unit starting no later than September 2026. Meanwhile, Stefanie Rühl-Hoffmann has been appointed Vice Chairwoman of Wealth Management Germany, focusing on key client relationships and strategic development.